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SPORTSPLEX CAPITAL PROJECTS FUND
<br />SOURCES - BUDGET AND ACTUAL
<br /> Variance
<br />Project Prior Current Positive
<br />Authorization Years Year Total (Negative)
<br />REVENUES
<br />Investment earnings -$ -$ 2,568$ 2,568$ 2,568$
<br />Total revenues - - 2,568 2,568 2,568
<br />EXPENDITURES
<br />Community services - 2,037,786 106,743 2,144,529 (2,144,529)
<br />Capital expenditures 2,243,710 1,574,818 - 1,574,818 668,892
<br />Debt service:
<br />Principal retirements 1,519,821 1,351,794 551,779 1,903,573 (383,752)
<br />Interest and other charges 602,466 656,911 192,926 849,837 (247,371)
<br />Total expenditures 4,365,997 5,621,309 851,448 6,472,757 (2,106,760)
<br />Deficiency of revenues under
<br /> expenditures (4,365,997) (5,621,309) (848,880) (6,470,189) (2,104,192)
<br />OTHER FINANCING SOURCES
<br />Long-term debt issued 1,688,648 941,182 - 941,182 (747,466)
<br />Transfers from SportsPlex Fund 2,170,349 1,820,804 975,000 2,795,804 625,455
<br />Appropriated fund balance 507,000 - - - (507,000)
<br />Total other financing sources 4,365,997 2,761,986 975,000 3,736,986 (629,011)
<br />Deficiency of revenues and other
<br /> financing sources over (under)
<br /> expenditures -$ (2,859,323)$ 126,120$ (2,733,203)$ (2,733,203)$
<br />ORANGE COUNTY, NORTH CAROLINA
<br />SCHEDULE OF REVENUES, EXPENDITURES AND OTHER FINANCING
<br />FROM INCEPTION AND FOR THE YEAR ENDED JUNE 30, 2023
<br />Actual
<br />116
<br />Docusign Envelope ID: 177AA06A-30B4-42FF-A85A-78B5A7C51DBE
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